Analysts expect that Lumber Liquidators Holdings, Inc (NYSE:LL) will post $264.85 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Lumber Liquidators’ earnings, with the lowest sales estimate coming in at $261.24 million and the highest estimate coming in at $266.87 million. Lumber Liquidators reported sales of $244.90 million in the same quarter last year, which would suggest a positive year over year growth rate of 8.1%. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that Lumber Liquidators will report full-year sales of $264.85 million for the current year, with estimates ranging from $1.03 billion to $1.04 billion. For the next year, analysts anticipate that the firm will report sales of $1.11 billion per share, with estimates ranging from $1.10 billion to $1.12 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Lumber Liquidators.

A number of research analysts have weighed in on LL shares. Oppenheimer set a $43.00 target price on shares of Lumber Liquidators and gave the company a “buy” rating in a research note on Friday, August 18th. Wedbush set a $39.00 target price on shares of Lumber Liquidators and gave the company a “buy” rating in a research note on Wednesday, October 25th. Zacks Investment Research upgraded shares of Lumber Liquidators from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Wednesday, November 1st. Moffett Nathanson started coverage on shares of Lumber Liquidators in a research note on Monday, December 4th. They issued a “buy” rating on the stock. Finally, TheStreet cut shares of Lumber Liquidators from a “c” rating to a “d+” rating in a research note on Thursday, November 2nd. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Lumber Liquidators has an average rating of “Hold” and a consensus target price of $30.78.

Lumber Liquidators (LL) traded up $0.36 on Friday, reaching $30.30. 678,912 shares of the company’s stock were exchanged, compared to its average volume of 689,567. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84. Lumber Liquidators has a 52-week low of $14.99 and a 52-week high of $41.33.

Several hedge funds have recently made changes to their positions in LL. Captrust Financial Advisors purchased a new stake in shares of Lumber Liquidators during the 2nd quarter valued at approximately $118,000. SG Americas Securities LLC purchased a new stake in shares of Lumber Liquidators during the 3rd quarter valued at approximately $161,000. Municipal Employees Retirement System of Michigan lifted its stake in shares of Lumber Liquidators by 6.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after buying an additional 420 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Lumber Liquidators during the 2nd quarter valued at approximately $183,000. Finally, Aperio Group LLC purchased a new stake in shares of Lumber Liquidators during the 2nd quarter valued at approximately $204,000. Institutional investors own 79.29% of the company’s stock.

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About Lumber Liquidators

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

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Earnings History and Estimates for Lumber Liquidators (NYSE:LL)

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